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john boehner has something called "the boehner rule" which i think will become the new fiscal cliff key word. you want $1 in deficit increase, i want $1 in spending cuts. and the president is saying i'm not going to negotiate at all. so & that strikes in two months. un, that's-- somebody's going to have to give on that, and, you know, it could get really ugly really fast. >> woodruff: neil irwin, if you're looking at this economy right now and looking at this legislation, does it have an impact on the american economy ounemployment? >> so there are some mild negatives that come from the higher taxes, especially the payroll tax holiday we talked beven higher income tax rates ray negative for growth. that said, this economy has been plugging along. what steve is talking about are some really dangerous things. we're heading into another standoff over the debt ceiling. we all remember how that worked out in august 2011. it hurt business confidence. it floated the possibility of a federal government default. we had a credit downgrade of the u.s. credit rating. those were all things that unde
john boehner has something called "the boehner rule" which i think will become the new fiscal cliff key word. you want $1 in deficit increase, i want $1 in spending cuts. and the president is saying i'm not going to negotiate at all. so & that strikes in two months. un, that's-- somebody's going to have to give on that, and, you know, it could get really ugly really fast. >> woodruff: neil irwin, if you're looking at this economy right now and looking at this legislation,...
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Dec 27, 2012
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and he blamed house speaker john boehner. just before christmas, boehner floated his so-called "plan b"-- letting taxes rise on millionaires. but faced with opposition in republican ranks, he pulled it, and sent the house home for the holiday. reid charged today politics explained why the speaker had not yet called the house back. >> john boehner seems to care more about keeping his speakership than keeping the nation on a firm financial footing. it's obvious what's going on. he's waiting until january 3 to get reelected to speaker before he gets serious about negotiations. >> warner: a boenhner spokesman shot back, "harry reid should talk less and legislate more." but late today, republican leaders put out word that the house will reconvene on sunday. yesterday, they challenged the senate to take the next step, by extending the bush-era tax cuts for all income groups. in a joint statement, they said, "the house will take... action on whatever the senate can pass, but the senate first must act. " president obama returned earl
and he blamed house speaker john boehner. just before christmas, boehner floated his so-called "plan b"-- letting taxes rise on millionaires. but faced with opposition in republican ranks, he pulled it, and sent the house home for the holiday. reid charged today politics explained why the speaker had not yet called the house back. >> john boehner seems to care more about keeping his speakership than keeping the nation on a firm financial footing. it's obvious what's going on....
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Dec 28, 2012
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you have to go further. >> it might be easier for john boehner if he it pass the senate. and it comes to the house and sigh look, this is the only train to dodge. >> is the only train just about the tax rates or hikes or a grander deal. >> i think it is, the president is right, the extension unemployment, and i think it will be the tax rates. but i think there's going to be enough matters left as well. but i think there will be enough matters left that it will force them. and that's why you want to have at least a minimum of goodwill. it will force them to have to deal with the larger issues still remainingment and they're considerable. >> you think so? >> those will still be out there. >> there still the general debt problem. still the crushing deficit is so they still have to do some big things let alone optimism gration reform and other stuff. it's a little like tarp, remember the house voted no then the markets just could lapsd. i think we might see something like that in the first week in january and then a focus. but they will still be with cooperation. >> we have a
you have to go further. >> it might be easier for john boehner if he it pass the senate. and it comes to the house and sigh look, this is the only train to dodge. >> is the only train just about the tax rates or hikes or a grander deal. >> i think it is, the president is right, the extension unemployment, and i think it will be the tax rates. but i think there's going to be enough matters left as well. but i think there will be enough matters left that it will force them. and...
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Jan 2, 2013
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this has happened time and time again where speaker boehner either through proxies or himself tries to get the deals with thed administration or with democrats and has a hard time getting his house conservative republicans to go for it. >> woodruff: todd, you've been watching this house, and you were watching the senate last night. at this point, should people be focusing on this small group of the most conservative members of the house? where is the leverage? where is the power among house republicans right now? >> well, there is a great deal of leverage with the... with that small group of conservatives that you describe. there's a lot of criticism around washington that a group that is relatively small in number has outsized influence. they point to grover in order quist. he's one guy. why does the at a party caucus who are vocal but still relatively small amongst 535 members why do they have so much influence? that's maybe a question for another day. keep that in the back of your mind. for tonight, it's really going to be the whip count on this spending cut amendment. do republican
this has happened time and time again where speaker boehner either through proxies or himself tries to get the deals with thed administration or with democrats and has a hard time getting his house conservative republicans to go for it. >> woodruff: todd, you've been watching this house, and you were watching the senate last night. at this point, should people be focusing on this small group of the most conservative members of the house? where is the leverage? where is the power among...
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Jan 2, 2013
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that means that john boehner and eric cantor turnroundnd rely on house democratic leader nancy pelosi for the remaining 150, 160 votes. they'd be counting on the demate karates to push that bill home. >> woodruff: todd, why after a majority of republicans in the senate voted for this last night or early this morning, why are house republicans having such a hard time with it? >> well, we we just have to keep remembering that the house and the senate are very, very very different bodies. that's always true. but in this environment even the republican conferences of both bodies are ju radically different. this isn't the first time we've seen the dynamic. there were lots of republicans and lots of democrats in the senate who were saying yesterd yesterday, boy, 9 votes, a resounding bipartisan vote for this deal. this should be plenty of cover for house republicans to go ahead and pass this thing. well, anyone who thought that was really forgetting, for instance, the payroll tax holiday debate of february when the senate got 89 bipartisan votes for that deal only to have it unravel before
that means that john boehner and eric cantor turnroundnd rely on house democratic leader nancy pelosi for the remaining 150, 160 votes. they'd be counting on the demate karates to push that bill home. >> woodruff: todd, why after a majority of republicans in the senate voted for this last night or early this morning, why are house republicans having such a hard time with it? >> well, we we just have to keep remembering that the house and the senate are very, very very different...
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Jan 1, 2013
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can john boehner muster the votes on the house side to get this passed. republicans do not like this on the house side there are no spending cuts, so many of them say they will vote against it, maybe the question then becomes can john boehner muster 40 or 45 republican votes and then use the 185 or 190 votes that nancy pelosi would deliver, potentially for a deal like 24 with no spending cuts to pass it there, tomorrow or the next day. the house side is unclear at this point. >> woodruff: so todd, you're saying as we sit here this evening, we're hearing there may be a senate vote tonight, the house may vote tomorrow. but at this point, it still is not known the outlines of what a potential deal would look like. >> i think the outlines are known on the tax side. and it was described accurately in your piece there, judy, with the tax rates at 450 for families, dividends would go up, the estate tax part of it. what is important is the one year extension on unemployment benefits. there are 2 million people set to lose their benefits, so that is all in there.
can john boehner muster the votes on the house side to get this passed. republicans do not like this on the house side there are no spending cuts, so many of them say they will vote against it, maybe the question then becomes can john boehner muster 40 or 45 republican votes and then use the 185 or 190 votes that nancy pelosi would deliver, potentially for a deal like 24 with no spending cuts to pass it there, tomorrow or the next day. the house side is unclear at this point. >> woodruff:...